John Lennon's guitar sells for 408,000 USD

The guitar, built in 1966 by the VOX company, was bought by an unidentified American buyer in New York, BBC reported. Harrison played 'I Am The Walrus'on the guitar in a scene from 'Magical Mystery Tour' in 1967. Lennon used it in a video for 'Hello, Goodbye' later that year.

John Lennon. Pic/AFP

The Julien's Auctions company said the guitar exceeded its estimated value of 200,000-300,000 USD. Lennon later gave the guitar as a 25th birthday present to Alexis Mardas, a member of 'The Beatles' inner circle in the 1960s. A plaque on the back of the instrument reads: "To Magic Alex/ Alexi thank you/ for been a friend/ 2-5-1967 John (sic)". Mardas sold the instrument in 2004.